Investment car
#31
If you read my post I was making the point that the car is not "investment grade" - in response to the OP's specific question.
One reason is that it has virtually no options and is not very desirable to collectors for that reason. I never said that my C2 was worth more - I was comparing original MSRP's. My car was $74k 'ish when new and this one was five grand less. That's C2 to C2S - so it's REALLY lightly optioned.
One reason is that it has virtually no options and is not very desirable to collectors for that reason. I never said that my C2 was worth more - I was comparing original MSRP's. My car was $74k 'ish when new and this one was five grand less. That's C2 to C2S - so it's REALLY lightly optioned.
With respect to the silver/black example at Parkhaus1, the asking price is fair. If any dealer doesn't ask 5-10% above what they would expect, then they don't do their job well. So with 993 examples offered in the "last" air cooled year, let's whittle it down. Some were tiptronics; many had interiors other than black (tan, blue, grey, red, etc); exterior colors less desirable than silver include red, black, white, arena red; some had aero kit options; many were exported to europe or elsewhere; some were totalled and converted to race cars; this example is a one owner, original paint with sub 25k miles.
How many examples from the original 993 are left that are in this class? I'd put the number at less than 100. $120 (ask) is the new $80 in my book. I'd say Al from Parkhaus has it right....and it ends up selling between $108-115k.
#32
This is pure speculation on your behalf. What makes you think it's at the "top" of the market? I would speculate that there is a very good chance that the price of a desirable 993 will double in the next five years. They check all of the boxes for a highly collectable car. We shall see.
#33
Three Wheelin'
So if $129k is a fair asking price what would would ask for the same exact car in Riviera Blue or Pastel Yellow? Parkhaus1 shoots for the moon on all their asking prices, but then again offers buy cars. They do seem to buy/sell only high quality P-cars.
#35
Rennlist Member
IMHO, this is a much better deal than the original subject car.
https://www.cars.com/vehicledetail/d...7756/overview/
That assumes a clean carfax, and everything is updated and working properly. Add hardbacks, and it would be a nice car to have and hold.
https://www.cars.com/vehicledetail/d...7756/overview/
That assumes a clean carfax, and everything is updated and working properly. Add hardbacks, and it would be a nice car to have and hold.
#37
Race Car
Join Date: Nov 2007
Location: Miamah, La Florida
Posts: 4,694
Likes: 0
Received 67 Likes
on
26 Posts
Originally Posted by Cartod
This is pure speculation on your behalf. What makes you think it's at the "top" of the market? I would speculate that there is a very good chance that the price of a desirable 993 will double in the next five years. They check all of the boxes for a highly collectable car. We shall see.
#38
Rennlist Member
Join Date: Jul 2014
Location: Toronto, Canada
Posts: 1,075
Likes: 0
Received 0 Likes
on
0 Posts
From the pics, it looks like a fantastic car. Odd pics of the gauge trim rings, and the wheels and front license plate holes look a little rough. But all in all, a great looking car. Not sure about it being "collector quality" though.
But I would never pay $130k for it...
But I would never pay $130k for it...
#39
Rennlist Member
Buy a HellCat Challenger and put it away...
#44
Points...
I'm taking a similar path as you, however I've been looking at 964's predominantly because I felt 993's hit a high watermark. I'm actually looking at a lower price point than you however. It's been challenging to find a suitable 964, however lately I've been running into some interesting 993's. Not too long ago a 993 C4S was "the car" to me.
The notion of an investment car in the later model Porsche market at a $50-$100K is a bit of an illusion in my opinion. I admit I could be wrong. At best, if you buy well, you get an asset that either depreciates
slower, maintains its value, or if you're really lucky, has a shot at appreciating...
What you do get, however is something you can enjoy the heck out of. That is worth its weight in gold!
I'll find my car, enjoy it, and if its more valuable when I choose to sell, then good. If it declines in value, I'm willing to take the risk...
As for that particular car, it seems priced for all the money. Your money, your decision.
Good luck on your journey. There are many helpful people on this forum...
I'm taking a similar path as you, however I've been looking at 964's predominantly because I felt 993's hit a high watermark. I'm actually looking at a lower price point than you however. It's been challenging to find a suitable 964, however lately I've been running into some interesting 993's. Not too long ago a 993 C4S was "the car" to me.
The notion of an investment car in the later model Porsche market at a $50-$100K is a bit of an illusion in my opinion. I admit I could be wrong. At best, if you buy well, you get an asset that either depreciates
slower, maintains its value, or if you're really lucky, has a shot at appreciating...
What you do get, however is something you can enjoy the heck out of. That is worth its weight in gold!
I'll find my car, enjoy it, and if its more valuable when I choose to sell, then good. If it declines in value, I'm willing to take the risk...
As for that particular car, it seems priced for all the money. Your money, your decision.
Good luck on your journey. There are many helpful people on this forum...
#45
Addict
Lifetime Rennlist
Member
Lifetime Rennlist
Member
Thread Starter
Points...
I'm taking a similar path as you, however I've been looking at 964's predominantly because I felt 993's hit a high watermark. I'm actually looking at a lower price point than you however. It's been challenging to find a suitable 964, however lately I've been running into some interesting 993's. Not too long ago a 993 C4S was "the car" to me.
The notion of an investment car in the later model Porsche market at a $50-$100K is a bit of an illusion in my opinion. I admit I could be wrong. At best, if you buy well, you get an asset that either depreciates
slower, maintains its value, or if you're really lucky, has a shot at appreciating...
What you do get, however is something you can enjoy the heck out of. That is worth its weight in gold!
I'll find my car, enjoy it, and if its more valuable when I choose to sell, then good. If it declines in value, I'm willing to take the risk...
As for that particular car, it seems priced for all the money. Your money, your decision.
Good luck on your journey. There are many helpful people on this forum...
I'm taking a similar path as you, however I've been looking at 964's predominantly because I felt 993's hit a high watermark. I'm actually looking at a lower price point than you however. It's been challenging to find a suitable 964, however lately I've been running into some interesting 993's. Not too long ago a 993 C4S was "the car" to me.
The notion of an investment car in the later model Porsche market at a $50-$100K is a bit of an illusion in my opinion. I admit I could be wrong. At best, if you buy well, you get an asset that either depreciates
slower, maintains its value, or if you're really lucky, has a shot at appreciating...
What you do get, however is something you can enjoy the heck out of. That is worth its weight in gold!
I'll find my car, enjoy it, and if its more valuable when I choose to sell, then good. If it declines in value, I'm willing to take the risk...
As for that particular car, it seems priced for all the money. Your money, your decision.
Good luck on your journey. There are many helpful people on this forum...